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SEC Delays Bitwise ETF Decision, Leaving XRP, SOL, and ADA awaiting
- The SEC has delayed the decision on Bitwise's crypto index ETF, affecting altcoins XRP, SOL, and ADA.
- No spot altcoin ETFs have been approved despite a pro-crypto administration.
- Analysts predict potential approvals by late 2025, but the sentiment remains positive.
- The SEC's pause on Bitwise ETF conversion affects altcoins as the regulator continues to deliberate on ETF approvals.
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